Security News > 2022 > April > Feds offer $5m reward for info on North Korean cyber crooks

The US government offered a reward up to $5 million for information that helps disrupt North Korea's cryptocurrency theft, cyber-espionage, and other illicit state-backed activities.

The cash will be awarded "For information that leads to the disruption of financial mechanisms of persons engaged in certain activities that support North Korea, including money laundering, exportation of luxury goods to North Korea, specified cyber-activity and actions that support WMD proliferation," according to the Feds.

The bounty comes a day after the FBI blamed Lazarus Group, the cybercrime gang that does the dirty work for North Korea's Reconnaissance General Bureau, for the theft of $620 million from video game Axie Infinity's Ronin Network.

He proved so popular that in April 2019 Griffith went to North Korea and gave a presentation at the Pyongyang Blockchain and Cryptocurrency Conference titled "Blockchain and Peace."

On his return he admitted [PDF] encouraging other Americans to visit North Korea and help it expand its coin-mining operations.

"There is no question North Korea poses a national security threat to our nation," US Attorney Damian Williams said in a statement.

News URL

https://go.theregister.com/feed/www.theregister.com/2022/04/15/feds_north_korea_bounty/